ASTM E1527-21 Standard for Phase 1 Environmental Site Assessment
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ASTM E1527-21 Standard for Phase 1 Environmental Site Assessment

ASTM E1527-21 Standard Phase 1 Environmental Site Assessment Quarter four of the year 2021 entails an update to the ASTM Standard for Phase 1 Environmental Site Assessment reports. The current ASTM standard for a Phase 1 ESA is “E1527-13.” Per a mandatory revision cycle, version E1527-21 proposes modern strategies to assess new and existing human…

Human Health Risk Assessment (HHRA)
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Human Health Risk Assessment (HHRA)

Human Health Risk Assessment (HHRA) A Human Health Risk Assessment (HHRA) evaluates the potential dangers to people where there may be some exposure to chemical contaminants in soil, groundwater, ambient air, or soil gas. Typically, the recommendation for an HHRA stems from the Phase 1 Environmental Site Assessment process. However, the awareness for indoor air…

What is a Remedial Action Plan?
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What is a Remedial Action Plan?

Remedial Action Plan A Remedial Action Plan, or Remediation Plan is a guideline that proposes a series of engineering and geological procedures, in order to feasibly perform contamination cleanup actions over a strategic period of time. When pollution exists on a property, at levels requiring cleanup, it is important to design the most appropriate course…

Environmental Professional Definition
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Environmental Professional Definition

Environmental Professional Definition Environmental Professional: As per the EPA’s All Appropriate Inquiries Rule, an environmental professional is an environmental consultant that has an accredited education in earth or natural science, at least five years of formal training under another environmental professional, a professional state license, and maintains expert knowledge in the environmental geology, sustainability, and…

All Appropriate Inquiries (AAI)
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All Appropriate Inquiries (AAI)

All Appropriate Inquiries (AAI) The term “All Appropriate Inquiries” (AAI) is defined as the official EPA and ASTM method to inquire about current or historical environmental conditions that may exist on a property, in relation to their legal and environmental liabilities during a commercial real estate transaction. The All Appropriate Inquiries “Final Rule” is 40 CFR…

Recognized Environmental Condition (REC) Definition
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Recognized Environmental Condition (REC) Definition

Definition of Recognized Environmental Condition (REC) What is a Recognized Environmental Condition (REC)? A simplified definition of a recognized environmental condition (REC) is any occurrence whereby: 1). actual pollution of the environment is occurring; 2). the threat of pollution of the environment occurs; or 3). there is a preponderance of evidence suggesting possible pollution of…

What is an Environmental Questionnaire?
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What is an Environmental Questionnaire?

Environmental Questionnaire Sample & Example An environmental questionnaire is a preliminary task in the environmental due diligence process by lenders and other information-seekers. The questionnaire screens the environmental hazards of a property undergoing any transaction. It consolidates the known facts of a property upfront, for a basic level of contamination and health risk presumption. Typically,…

De Minimis Condition in Phase 1 ESA Reports? 
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De Minimis Condition in Phase 1 ESA Reports? 

 De Minimis Condition in Phase 1 ESA Reports? A de minimis condition, as per the ASTM E1527 Standard for Phase 1 Environmental Site Assessment reports, is a property condition that doesn’t pose a threat to human health or the environment. Although this is a notable concern to document, it does not warrant further action or…

What is a Brownfield Site and Brownfields?
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What is a Brownfield Site and Brownfields?

What is a Brownfield Site (Brownfields)? A Brownfield site is real property with plans for redevelopment, that has the potential presence of pollution and subsurface hazardous substance contamination. And the Brownfields Revitalization and Environmental Restoration Act of 2001 (also known as the Brownfields Act) encourages environmental remediation when and where necessary. The act is a…

Superfund: CERCLA Innocent Landowner Defense
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Superfund: CERCLA Innocent Landowner Defense

Superfund: CERCLA Innocent Landowner Defense Superfund is CERCLA which is an acronym for the “Comprehensive Environmental Response, Compensation, and Liability Act.” The CERCLA Innocent Landowner Defense policy was passed on December 11 in 1980, following the realization that historical hazardous waste disposal and materials handling practices were grossly negligent. The law grants Federal authorities to…

What is a Phase II ESA in Real Estate Due Diligence?
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What is a Phase II ESA in Real Estate Due Diligence?

What is a Phase II ESA in Real Estate Due Diligence? The term “Phase II ESA” is short for Phase II Subsurface Investigation. It is an environmental due diligence report that typically follows the Phase 1 Environmental Site Assessment process when recognized environmental conditions are apparent. During the commercial real estate due diligence period, this…